Overview

• Bill Gates has pledged to give away 99% of his wealth—approximately $200 billion—over the next 20 years, with the Gates Foundation set to close by December 31, 2045.
• The foundation will focus on three priorities: preventing maternal and child deaths, eradicating infectious diseases, and alleviating global poverty.
• Gates criticized cuts to international aid by the U.S., U.K., and France, warning that progress on eradicating diseases like polio is at risk without government support.
• He accused Elon Musk of devastating global aid efforts through severe budget cuts at USAID, labeling the impact as harmful to the world's poorest populations.
• Gates urged other billionaires to increase the pace and scale of their giving, emphasizing the urgency of addressing global challenges.